Vault-13

FLEXSHARES TR RAVI

FLEXSHARES ULTRA · ETP · CUSIP 33939L886

60 institutional holders +4 vs Q1 2025
16,097,33016.1m shares reported held*
$1.2bnreported value*
12 new 18 added 16 reduced 10 sold out net bought ≈ $51.9m (+687.9k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $75.51.

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0255075Q3 22: 51Q4 22: 52Q1 23: 63Q2 23: 62Q3 23: 66Q4 23: 66Q1 24: 56Q2 24: 51Q3 24: 54Q4 24: 61Q1 25: 56Q2 25: 6060Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 202251
Q4 202252
Q1 202363
Q2 202362
Q3 202366
Q4 202366
Q1 202456
Q2 202451
Q3 202454
Q4 202461
Q1 202556
Q2 202560

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
40040Q3 23: 30 bought or addedQ3 23: 26 cut or sold outQ4 23: 22 bought or addedQ4 23: 34 cut or sold outQ4 23Q1 24: 17 bought or addedQ1 24: 39 cut or sold outQ2 24: 15 bought or addedQ2 24: 37 cut or sold outQ2 24Q3 24: 25 bought or addedQ3 24: 23 cut or sold outQ4 24: 28 bought or addedQ4 24: 27 cut or sold outQ4 24Q1 25: 24 bought or addedQ1 25: 33 cut or sold outQ2 25: 30 bought or addedQ2 25: 26 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20233026
Q4 20232234
Q1 20241739
Q2 20241537
Q3 20242523
Q4 20242827
Q1 20252433
Q2 20253026

Biggest buyers

NORTHERN TRUST CORP Added +464,161+464.2k
INTERACTIVE FINANCIAL ADVISORS, INC. Added +112,907+112.9k
ENVESTNET ASSET MANAGEMENT INC Added +79,186+79.2k
JANE STREET GROUP, LLC Added +45,612+45.6k
MML INVESTORS SERVICES, LLC Added +30,872+30.9k
FLOW TRADERS U.S. LLC New +15,556+15.6k
OSAIC HOLDINGS, INC. Added +11,081+11.1k
LPL Financial LLC Added +5,494+5.5k
Kestra Advisory Services, LLC Added +5,409+5.4k
Creative Planning New +4,905+4.9k

Biggest sellers

CITADEL ADVISORS LLC Reduced -51,339-51.3k
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Reduced -20,676-20.7k
MORGAN STANLEY Reduced -13,088-13.1k
Gateway Wealth Partners, LLC Sold out -7,485-7.5k
Tower Research Capital LLC (TRC) Reduced -5,259-5.3k
Bank of New York Mellon Corp Sold out -3,534-3.5k
Boltwood Capital Management Reduced -3,233-3.2k
SIGNATURE ESTATE & INVESTMENT ADVISORS LLC Sold out -2,808-2.8k
TrueMark Investments, LLC Sold out -2,722-2.7k
GREENLEAF TRUST Reduced -1,110-1.1k

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 NORTHERN TRUST CORP 0.15% of their portfolio CHICAGO, IL 14,832,73514.8m $1.1bn $1.1bn 0.15% Added +464.2k +464,161
2 Tactive Advisors, LLC 4.07% of their portfolio Jacksonville, FL 166,901166.9k $12.6m $12.6m 4.07% First filing
3 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 143,200143.2k $10.8m $10.8m 0.00% Added +79.2k +79,186
4 INTERACTIVE FINANCIAL ADVISORS, INC. 4.62% of their portfolio New Lenox, IL 125,406125.4k $9.5m $9.5m 4.62% Added +112.9k +112,907
5 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 118,264118.3k $8.9m $8.9m 0.00% Added +5.5k +5,494
6 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 109,069109.1k $8.2m $8.2m 0.00% Reduced -13.1k -13,088
7 MML INVESTORS SERVICES, LLC 0.02% of their portfolio SPRINGFIELD, MA 103,839103.8k $7.8m $7.8m 0.02% Added +30.9k +30,872
8 CIM, LLC 0.75% of their portfolio ALBANY, NY 73,49673.5k $5.5m $5.5m 0.75% Added +1.5k +1,494
9 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.01% of their portfolio PLYMOUTH, MN 59,80259.8k $4.5m $4.5m 0.01% Reduced -20.7k -20,676
10 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 52,93052.9k $4.0m $4.0m 0.01% Added +45.6k +45,612
11 Baird Financial Group, Inc. 0.00% of their portfolio MILWAUKEE, WI 33,39033.4k $2.5m $2.5m 0.00% Reduced -195 -195
12 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 27,15227.2k $2.1m $2.1m 0.00% Reduced -51.3k -51,339
13 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 22,15222.2k $1.7m $1.7m 0.00% Added +11.1k +11,081
14 Boltwood Capital Management 0.44% of their portfolio WALNUT CREEK, CA 20,72320.7k $1.6m $1.6m 0.44% Reduced -3.2k -3,233
15 KEYNOTE FINANCIAL SERVICES LLC 1.01% of their portfolio VERNON, CT 19,95520.0k $1.5m $1.5m 1.01% Reduced -638 -638
16 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 19,89019.9k $1.5m $1.5m 0.00% Added +4.8k +4,761
17 FLOW TRADERS U.S. LLC 0.04% of their portfolio NEW YORK, NY 15,55615.6k $1.2m $1.2m 0.04% New
18 Auour Investments LLC 0.39% of their portfolio WOBURN, MA 14,83914.8k $1.1m $1.1m 0.39% Added +66 +66
19 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 14,22814.2k $1.1m $1.1m 0.00% Added +4.2k +4,247
20 SILVER OAK SECURITIES, INCORPORATED 0.07% of their portfolio JACKSON, TN 10,35410.4k $781.8k $781.8k 0.07% Reduced -610 -610
21 J.W. COLE ADVISORS, INC. 0.02% of their portfolio TAMPA, FL 10,09810.1k $762.5k $762.5k 0.02% Reduced -755 -755
22 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 8,1618.2k $616.2k $616.2k 0.00% Added +5.4k +5,409
23 GREENLEAF TRUST 0.01% of their portfolio KALAMAZOO, MI 8,1598.2k $616.1k $616.1k 0.01% Reduced -1.1k -1,110
24 Raab & Moskowitz Asset Management LLC 0.14% of their portfolio Chatham, NJ 8,0258.0k $606.0k $606.0k 0.14% Unchanged
25 1776 Wealth LLC 0.22% of their portfolio ATLANTA, GA 6,9356.9k $523.7k $523.7k 0.22% Unchanged
26 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 4,9054.9k $370.4k $370.4k 0.00% New
27 Beacon Pointe Advisors, LLC 0.00% of their portfolio NEWPORT BEACH, CA 4,8894.9k $369.2k $369.2k 0.00% Unchanged
28 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 4,8504.8k $366.2k $366.2k 0.00% Added +4 +4
29 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 4,6184.6k $348.7k $348.7k 0.00% Added +1.2k +1,182
30 PINNACLE ASSOCIATES LTD 0.00% of their portfolio NEW YORK, NY 4,5654.6k $344.7k $344.7k 0.00% Added +1.2k +1,167
31 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 4,3184.3k $326.1k $326.1k 0.00% Reduced -9 -9
32 VestGen Investment Management 0.23% of their portfolio EGG HARBOR TOWNSHIP, NJ 4,2234.2k $318.9k $318.9k 0.23% New
33 Flaharty Asset Management, LLC 0.04% of their portfolio CLEARWATER, FL 4,0404.0k $305.1k $305.1k 0.04% Unchanged
34 Nicholas Hoffman & Company, LLC. 0.01% of their portfolio ATLANTA, GA 3,7363.7k $282.1k $282.1k 0.01% Not comparable
35 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 3,5013.5k $264.0k $264.0k 0.00% Reduced -76 -76
36 Sloy Dahl & Holst, LLC 0.03% of their portfolio Vancouver, WA 3,2853.3k $248.1k $248.1k 0.03% Unchanged
37 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 3,0713.1k $232.0k $232.0k 0.00% Reduced -20 -20
38 F/m Investments LLC 0.01% of their portfolio WASHINGTON, DC 3,0073.0k $227.1k $227.1k 0.01% New
39 Mutual Advisors, LLC 0.01% of their portfolio OMAHA, NE 2,9653.0k $223.8k $223.8k 0.01% New
40 CALTON & ASSOCIATES, INC. 0.04% of their portfolio Tampa, FL 2,9112.9k $219.8k $219.8k 0.04% Unchanged
41 Forum Financial Management, LP 0.00% of their portfolio LOMBARD, IL 2,6552.7k $200.5k $200.5k 0.00% Unchanged
42 COMERICA BANK 0.00% of their portfolio DALLAS, TX 1,5111.5k $114.1k $114.1k 0.00% Reduced -200 -200
43 Legacy Investment Solutions, LLC 0.05% of their portfolio BOISE, ID 1,3431.3k $101.4k $101.4k 0.05% First filing
44 Legacy Wealth Managment, LLC/ID 0.05% of their portfolio BOISE, ID 1,3431.3k $101.4k $101.4k 0.05% New
45 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 1,3341.3k $100.8k $100.8k 0.00% New
46 EverSource Wealth Advisors, LLC 0.00% of their portfolio BIRMINGHAM, AL 1,1211.1k $84.6k $84.6k 0.00% New
47 CoreCap Advisors, LLC 0.00% of their portfolio SOUTHFIELD, MI 1,0731.1k $81.0k $81.0k 0.00% Added +629 +629
48 MAI Capital Management 0.00% of their portfolio INDEPENDENCE, OH 1,0321.0k $77.9k $77.9k 0.00% Reduced -38 -38
49 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 1,0041.0k $75.8k $75.8k 0.00% Added +496 +496
50 ARCADIA INVESTMENT MANAGEMENT CORP/MI 0.00% of their portfolio KALAMAZOO, MI 334334 $25.2k $25.2k 0.00% Unchanged
51 Cape Investment Advisory, Inc. 0.00% of their portfolio MCDONOUGH, GA 134134 $10.1k $10.1k 0.00% Added +4 +4
52 MARQUETTE ASSOCIATES, INC. 0.01% of their portfolio CHICAGO, IL 133133 $10.0k $10.0k 0.01% New
53 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 6767 $5.1k $5.1k 0.00% New
54 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 6565 $4.9k $4.9k 0.00% Reduced -96 -96
55 CWM, LLC 0.00% of their portfolio OMAHA, NE 3131 $2.0k $2.0k 0.00% New
56 CREATIVE FINANCIAL DESIGNS INC /ADV 0.00% of their portfolio KOKOMO, IN 33 $227 $227 0.00% New
57 Sound Income Strategies, LLC 0.00% of their portfolio FT LAUDERDALE, FL 33 $243 $243 0.00% Unchanged
58 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 11 $76 $76 0.00% Reduced -5.3k -5,259
59 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 00 $30 $30 0.00% Unchanged
60 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged